GraniteShares Platinum Trust Overview
Pro stress-test →GraniteShares Platinum Trust (PLTM) is the lowest-cost, physically-backed platinum ETF on the market. The fund seeks to track the performance of the price of platinum, providing investors a simple and cost-effective way to gain platinum exposure without the complications of direct physical ownership.
Strategic Profile
Pro stress-test →The trust holds physical platinum bullion and does not permit lending of the metal or derivatives holdings. With a total expense ratio of 0.5%, PLTM competes on cost efficiency in the commodity ETF space while being formed on January 11, 2018.
Competitive Landscape
Pro stress-test →PLTM competes with other precious metals ETFs and commodity-focused vehicles. Performance is benchmarked against Bloomberg Commodity Total Return USD and Commodities Focused indices. The primary competitive advantage is cost leadership combined with physical backing.
Industry Context
GraniteShares Platinum Trust operates in Precious Metals ETFs / Commodity Investing.
Key facts
Founded: 2018 · Headquarters: New York, US